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According to the results of a new Associated Press/CNBC poll, half of Americans think Facebook is a passing fad. The poll also revealed that ahead of the company's highly anticipated IPO, half of Americans say the social network's expected asking price is too high. Expected later this week, Facebook's Wall Street debut could value the company at $100 billion, making it worth more than Disney, Ford and Kraft Foods.

Two years after its much applauded staging of the very first Zayed Future Energy Prize, the international awards event is again to be managed by Mamemo Productions.

CNBC, First in Business Worldwide, will start broadcasting live from Bahrain on Monday, 14 June. The new editorial hub will coordinate and produce business and financial newsgathering from the Middle East, with a studio and production facility linked to CNBC's global network.

CNBC announced today at the Bahrain Grand Prix, that it will create a regional editorial hub in Bahrain to cover the Middle East. The facility is expected to be operational in the second quarter of the year.
O2 Marketing Communications (O2MC) were officially granted an Arabian Property Award 'The property industry's most prestigious awards programme', sponsored by CNBC.